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Basic of Economics

Estimated value that is added to a product or material to each stage, of its manufacture or distribution, is known as ?

A. Value addition
B. Excise
C. Value added
D. Tax on stage

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What is artificial currency ?

A. A currency substitutes
B. Coins
C. De-valued currency
D. Silver

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An outside professional conducts an examination of company’s accounting records in order to determine whether the company is maintaining records according to the generally accepted accounting principles. What this examination is called ?

A. Checking
B. Audit
C. Stock-taking
D. Accounting

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Which market is called Bear market ?

A. Market with upward and stock prices.
B. Market with a prolonged period of falling stock prices
C. A very big market
D. A very big industrial market

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What is called the price that a potential buyer is willing to pay for a security ?

A. Bid
B. Offer price
C. Quote price
D. None of these

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Which of the following are bonds that are not registered on the books of the issuer ?

A. Open bond
B. Blank bond
C. Term bond
D. Bearer bond

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Shareholders of a corporation elect individuals to carry out certain tasks that are establishment in the charter. What these individuals are called ?

A. Management
B. Board of Governor
C. Top brass
D. Board of Directors

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Term the covering of a short position by purchasing a long contract, usually resulting from the short of a commodity ?

A. Short-positioning
B. Buyback
C. Drawback
D. None of them

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Name the price at which the issuer of a bond may retire part of the pond at a specified call date ?

A. Call price
B. Bid price
C. Term Price
D. Future Price

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The French term Bourse refers to……………..?

A. A big company
B. Stock market
C. Joint-stock
D. A multinational company

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